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Cadillac ATS and Tesla Model S make final five in Innovation By Design Award's 'Transportation' category

Cadillac's ATS and the Tesla Model S are among the five finalists bidding to win the ‘Transportation' category at this year's Innovation by Design Awards, which celebrates groundbreaking designs from the past year. Established last year by design magazine Fast Company, the awards consist of eight different categories – 2D Design, Products, Interactive Experience, Transportation, Spaces, Social Good, Concepts and Student Design – and this year saw over 1,200 submissions from all over the world, from corporations all the way down to individuals' designs. After a jury of 24 experts from all design disciplines – including J Mays, Ford's vice president of design and chief creative officer – whittled them down to just 54 designs, the Cadillac ATS and the Tesla Model S are battling for their category award against three other designs from 2013.

Barrett-Jackson undergoes independent audit of 2008-09 auction results

Barrett-Jackson Auction Co. is opening the books on its 2008-09 auction season for an independent review by auditors from Deloitte & Touche. The auditors will examine Barrett-Jackson's auction practices, including its consignment process, bidder qualification procedures, adherence to contract sale terms and proper, timely and accurate payment to sellers.

Lamborghini Huracan racks up 700 orders ahead of a Geneva debut

The new Lamborghini Huracan (pictured) secures 700 orders before a public debut The new Lamborghini Huracan – the long-awaited replacement for the Lamborghini Gallardo – was revealed just before Christmas and has been doing a tour of private reveals to Lamborghini faithful around the world. Those private presentations look like they’ve been quite a success, with Lamborghini reporting 700 secured orders for the Huracan already – half the average annual orders of the Gallardo in just a month – before it’s even been publicly revealed. With styling that owes more than a passing nod to the Aventador, 602bhp from its 5.2 litre V10 and 4WD, the Huracan is an appealing mid-engined supercar from Lamborghini, especially has Lamborghini seem to have worked hard to increase the quality of construction and materials used.